Checking

Your checking account is a vital part of your everyday life.

At Transcend Credit Union, we offer the flexibility and convenience you need in a checking account to make your financial life easier. With a broad range of account options, and all the benefits you expect, we can show you how easy checking can be!

Classic Checking

Prestige Checking

(Dividend Bearing)

Roadmap Checking (Ages 18-25)

Monthly Fee

$5 per month fee

NO monthly fee with:

-5 combined check/e- pay/debit card transactions percalendar month.

- Average daily combined deposit balance of $300 or more, or

- Loan or Credit Card, or

- Members under the age of 26 or over the age of 65, or

- First month account open

$5 per month fee

NO monthly fee with:

-5 combined check/e- pay/debit card transactions percalendar month.

- Average daily combined deposit balance of $300 or more, or

- Loan or Credit Card, or

- Members under the age of 26 or over the age of 65, or

- First month account open

No monthly fees for those ages 18-25

Minimum Balance

No minimum balance required to open account. To avoid a monthly fee, please see above.

Current annual percentage yield as high as 0.25%. APYs are accurate as of the last dividend declaration date. Fees may reduce earnings on this account.

Rate Information

The dividend rate and annual percentage yield may change monthly as determined by Credit Union Management. Dividends are calculated using a tiered dividend rate based on the average daily balance. Your average daily balance for the month that corresponds to the applicable account balance tier will earn the stated dividend rate and be paid on the full account balance when all Prestige Checking requirements are met. The Regular Savings second tier rate will be paid monthly on any amount over $25,000 and will be paid on all balances if Prestige Checking requirements are not met.

Compounding and Crediting

Dividends will be compounded monthly on the average daily balance. Dividends will be posted to your account on the last day of every month.

Dividend Period

The dividend period for Prestige Checking is monthly. For example, the beginning date for the first dividend period of the calendar year is January 1 and the ending date of the dividend period is January 31. Posting date of dividends is the last day of the month. All other dividend periods follow this pattern.

Minimum Balance Requirement

No minimum balance is required to open this account. To avoid a monthly minimum activity fee, please see above.

Transaction Limitations

To avoid a monthly minimum activity fee, please see above.

Account Requirements

Prestige Checking requires that you have an active Transcend Credit Union loan or Transcend Credit Union VISA Prestige Credit Card, a Transcend Credit Union SmartCash VISA Debit Card, and have a paycheck, Social Security, retirement check, or other recurring check of $800 or more per month automatically deposited into your account. Your SmartCash VISA Debit Card must reflect a minimum of one transaction every 90 days. Your VISA Credit Card, if you have no loan with the Credit Union, must reflect a minimum of one transaction every 90 days. Repeated months of non-usage may disqualify you from having Prestige Checking and/or earning a Prestige bonus dividend.

To TopThis site will not function without Javascript. In order to use this site, please enable Javascript.This site will not function without Javascript. In order to use this site, please enable Javascript.This site will not function without Javascript. In order to use this site, please enable Javascript.Please enable Javascript to use this site.